https://www.live-feeds.com/feed/seagate-stock-slides-despite-earnings-beat-adding-to-slump-for-ai-stockContinuously updated, source-cited coverage. https://www.live-feeds.com/feed/seagate-stock-slides-despite-earnings-beat-adding-to-slump-for-ai-stockhttps://www.live-feeds.com/feed/seagate-stock-slides-despite-earnings-beat-adding-to-slump-for-ai-stock#u170811Mon, 02 Nov 2026 17:37:25 +0000Seagate Technology shares slid despite posting fiscal first-quarter results that topped analyst estimates, alongside a raised outlook and soaring profit driven by continued data-storage demand. Stock prices fell by percentages ranging from 6 percent to 7 percent according to market reports. Despite record revenue and upbeat artificial intelligence metrics, investors reacted negatively due to moderating shipment growth, higher capital spending, slowing gross margin gains, and a broader slump affecting artificial intelligence-linked equities and the wider memory sector.Why it mattersThe sharp dr